Tax Valuation Considerations for M&A Transactions
A close look at purchase price allocations, Section 382 limitation calculations, tax receivable agreements, and more
Public corporations, private equity-backed portfolio companies, and privately held companies often look to mergers and acquisitions (M&As) to drive growth and shareholder value. However, pursuing M&A-driven growth may be complicated, since companies must comply with ever-evolving financial and tax reporting requirements, deal with increasing financial audit and tax authority scrutiny,…
TEI Holds Sixth Annual Tax Technology Seminar
A massive shout-out to everyone who contributed to the phenomenal success of our 2024 Tax Technology Seminar. We were thrilled to welcome more than 130 attendees, 120 speakers, and thirty technology exhibitors and their staff to Orlando this past month for three full days of sessions, networking, and hands-on learning.… Read more »
Continuing Education Calendar
2024 TEI Region 8 Annual Conference June 12–16 Hilton Head, SC 2024 Federal Tax Course – Level 1 June 17–21 Atlanta, GA 2024 Tax Symposium International Tax & Transfer Pricing Seminar Credits & Incentives Seminar Financial Reporting Seminar June 18–21 Chicago, IL 2024 Annual Meeting of Members August 11–13… Read more »
Your Complete Pillar Two Playbook
Follow these steps to tackle complexity, allocate resources, automate new processes, and more
Today’s resource-challenged tax departments often find it necessary to focus on what’s most critical. Although the release of the Pillar Two model rules captured attention, its adoption remained uncertain until things abruptly changed at the end of 2022, when three events occurred: The European Union unanimously agreed to a directive…
Sales Tax and the M&A Process
Understanding the entire journey—from diligence through post-transaction
Mergers and acquisitions (M&As) play an active role in the corporate landscape, facilitating growth, consolidation, and strategic realignment among businesses. Companies often include M&A activity in their short-term and long-term strategies. To successfully navigate M&As, tax directors and chief financial officers identify areas that tend to present pitfalls that can…
New Technology Presents Challenges and Opportunities for Tax Departments
Automation and integration are changing the tax industry. Tax Executive’s senior editor, Michi Trota, interviewed Evan Croen, senior vice president of product at Bloomberg Tax & Accounting, about the challenges tax departments face and how new technology—including artificial intelligence (AI)—can address them. Michi Trota: What are the biggest challenges you… Read more »
TEI Roundtable No. 47: My Tax Journey, Part Two
Tax professionals share insights into their unique journeys and roles
In this continuation of last issue’s Roundtable, participants from TEI’s 2023 Annual Conference panel, also titled “My Tax Journey,” discuss work-life balance, handling personal and professional crises, and the next generation of tax experts. The panel includes Josephine Scalia, head of tax at Nestlé Health Science and senior vice president…
TEI Completes Office Renovation Project
In April TEI completed a two-month office renovation at its 1200 G Street office in Washington, D.C. The renovation project follows a lease restructure whereby TEI released nearly thirty percent of its office space to the landlord in exchange for a reduction in rent and tenant improvement allowance. TEI commenced… Read more »
Purchasing Clean Energy Tax Credits
What corporate tax teams need to know about prevailing wage and apprenticeship requirements
The Inflation Reduction Act of 2022 (IRA) greatly expanded energy-related federal income tax credits and created Internal Revenue Code Section 6418, which allows eligible taxpayers to transfer, or sell, certain clean energy tax credits to unrelated parties for cash. One key area of due diligence when purchasing a tax credit…
Are Tax Insurance Proceeds Taxable? Tax insurance has emerged as a cornerstone of corporate tax…
OBBBA Modifications to US Taxation of International Income The One Big Beautiful Bill Act (OBBBA), which was signed…
How Does Conformity Impact State Revenues After the OBBBA? State conformity with the Internal Revenue Code (IRC) refers to…
Are Research Credit Interviews and Write-Ups Obsolete? Upon joining a Big Four firm in Washington, D.C.—then known…
Janelle Gabbianelli According to Janelle Gabbianelli, her first job was the catalyst…
Why Co-Sourcing Tax Technology Is Your Best Bet In today’s complex regulatory landscape, tax departments are being pushed…